HUD Increases Flood Insurance Options for Homeowners With FHA Mortgages Living In Special Flood Areas

HUD Increases Flood Insurance Options for Homeowners With FHA Mortgages Living In Special Flood Areas

U.S. Department of Housing and Urban Development (HUD), through the Federal Housing Administration (FHA), has announced that effective December 21, 2022, it will allow homeowners with FHA-insured mortgage financing to obtain flood insurance policies that conform to FHA requirements from private insurance providers. The change was announced through a final …read more